Addressing the public from GM’s Lordstown plant in Warren, Ohio, President Obama shared more details on his new proposal to raise the national MPG requirements. Beginning with a 27.3 mpg for the 2011 model year, fuel efficiency requirements will be raised by 5% each year until reaching 35.5 mpg in 2016, at which point micro hybrids will replace both bike messengers and jaywalkers as the one aspect of city life you sincerely hate the most.
Although tougher fuel economy regulations might seem a direct conflict of interest for automakers, the new policy is welcomed by the domestic industry with open arms, presumably because two-thirds of it is owned by the policymakers themselves. Wincing slightly from the rigorous bouts of federal sodomy, General Motors said in a statement, “A strong, single national fuel economy standard will benefit consumers and automakers alike by helping get more clean and efficient vehicles on the road quickly and more affordably. We will work closely with the Administration throughout the rulemaking process to support the historic agreement that GM and the auto industry reached last May. Greater consistency and certainty among a variety of regulations will help a new GM execute its current product plan centered on new technologies and more highly fuel efficient and quality cars and trucks.”
Source: GM, AP Wire
Image Cred: Reuters Pictures